West Palm Beach, FL - July 09, 2019 - Alliance BioEnergy Plus, Inc. (ALLMQ). – Vertimass has completed its first technology license agreement with Alliance BioEnergy Plus, Inc. (“Alliance”) to produce renewable jet fuel along with Benzene, Toluene, Ethylbenzene, and Xylenes (BTEX).
Vertimass’ technology allows sustainable production of these vital fuels and chemicals derived from ethanol with high yields that can dramatically reduce greenhouse gas emissions compared to sourcing these products from petroleum.
BTEX is a widely used building block from which hundreds of consumer products ranging from pharmaceuticals to paints and plastics are made.
Vertimass’ Ethanol-to-Jet fuel and BTEX technology offers cellulosic ethanol producers, such as Alliance, the flexibility to diversify their product slate and market renewable fuels and chemicals that have low carbon footprints. In addition to improving competitiveness, jet fuel and BTEX derived from ethanol can accelerate the transition to renewable fuels and chemicals and improve rural economies.
“It is great to secure our first licensee in the US to deploy our technology using cellulosic ethanol from locally grown biomass and cellulosic waste material,” said Dr. John Hannon, Chief Operating Officer of Vertimass.
“Combining the CTS technology to produce cellulosic ethanol with our technology to transform the ethanol into jet fuel and chemicals will have significant impacts in moving forward towards carbon reduction.”
“The simplicity of the Vertimass technology results in low capital and operating costs and the ability to rapidly implement this bolt-on,” Vertimass President and CEO Dr. Charles Wyman noted.
“In addition, its potential to eliminate rectification and dehydration operations for fuel ethanol purification from fermentation broths can result in a hydrocarbon fuel unit energy cost that is about the same as for fuel grade ethanol.”
“We are very excited to develop this product line together with Vertimass.
"It creates great carbon reduction in significant fuel markets at a competitive cost.
"We see this as a significant step forward for both companies and an extension of the range of products and markets for both our companies” observed Ben Slager, Alliance’s CEO.
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